Tag: President Donald Trump

Earlier this week: The U.S. and China slashed tariffs in a surprise trade truce. Trump, Starmer strike potential U.S.-UK trade deal with cuts to...

The Trump administration is considering new tariffs on imported critical minerals and their derivative products, which may affect the automotive industry's access to essential...

California, joined by 16 other Democratic-led states, has filed a lawsuit against the Trump administration for halting billions of dollars in federal funding to...

Ford has suspended its full-year financial forecast, citing a projected $1.5 billion hit to its 2025 adjusted earnings from President Donald Trump’s auto tariffs....

Speaking at a department town hall on May 2, Transportation Secretary Sean Duffy announced that the Department of Transportation will carry out a reduction...

General Motors (GM) will eliminate one of three shifts at its Oshawa, Ontario, plant, cutting roughly 700 jobs as the automaker adjusts its North...

Earlier this week: Trump to ease auto tariffs, reimburse automakers, and soften parts duties. GM slashes profit outlook amid $5 billion tariff threat. Ford...

The U.S. House of Representatives moved a step closer Thursday to overturning a federal waiver that allows California to enforce a ban on gasoline-powered...

Amid slowing sales, a plunging stock price, and growing investor concerns over Elon Musk's political focus, Tesla's board has reportedly begun CEO succession planning....

President Trump is expected to ease the financial blow of his newly imposed auto tariffs by allowing reimbursements for automakers and limiting overlapping duties...